While it is not uncommon for a major law firm to state it is consistently upping its market position, it is not as common to see a firm succeed the way Paul Hastings has—at least when it comes to making hires.

The firm has made waves over the last year with a series of high-profile lateral gets, like the 43-lawyer team from Stroock & Stroock & Lavan in New York or the finance quartet from Latham & Watkins in London. It has shown consistently strong financial performance year after year under outgoing chair Seth Zachary and currently sits at No. 26 in the Am Law rankings—a position it has hovered around for the past decade.